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InkyGrip
Dec 2, 2021 9:27 AM

SILVER testing a key support 🦐 Short

Silver/US DollarSaxo

Description

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SILVER on the daily chart reached the key weekly support.
The price until now has always rejected the break but IF the market will close below the structure and satisfy the ACADEMY rules we will set a nice short order.
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Follow the Shrimp 🦐


Keep in mind.
🟣 Purple structure -> Monthly structure.
πŸ”΄ Red structure -> Weekly structure.
πŸ”΅ Blue structure -> Daily structure.
🟑 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.


Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.

Comment

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the price didnt break yet

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testing the support

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after the test the market is pushing for a break

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the strong support works

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waiting for a break below

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breaking below as expected

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break and retest of the support

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Comments
ForexTrendline
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Clean chart!
InkyGrip
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@ForexTrendline, cool mate 🦐
Investroy
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Looks very logical, let’s dropπŸ”₯
InkyGrip
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@Investroy, thanks so much 🦐
thunderpips
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Wonderful!
InkyGrip
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@thunderpips, you are welcome 🦐
Mihai_Iacob
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great post, thank you for sharing this
InkyGrip
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@OptimoomFX, cheers buddy 🦐
jojofang0901
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yea further downside potential
InkyGrip
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@jojofang0901, thanks mate 🦐
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